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Re: saigai post# 34972

Friday, 04/28/2017 11:58:19 AM

Friday, April 28, 2017 11:58:19 AM

Post# of 42188
If they are operating like a start-up, which in the MJ market they are, they are selling shares as the market can handle them to raise funds. This is most likely why the stock is holding steady at low trips instead of climbing. If they do what a typical start-up does, when revenue begins they will start buying down shares in preparation to go full reporting. Once they go full reporting, they would then, IMO, apply to do a reverse split and if FINRA approves, do it at that time. That is a long way off with plenty of time between now and then to make money on the rise.